Onshore/Offshore Facilities
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
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SPE Technical Director Hamad Al-Marri shares his outlook of the oil and gas production facilities landscape as it stands on the cusp of a significant transformation. The demand for oil and gas will continue to exist, but the industry will need to adapt to a new reality.
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Citing a lack of profitability, the Norwegian major has chosen to end its electrification efforts in the Halten and Snorre areas.
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The joint venture with Nigeria's Sunlink Energies aims to deliver first production before 2030.
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The companies say they plan to use AI to unlock value from terabytes of data upstream and across FPSO operations.
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Two new wells add 15,000 BOE/D of peak capacity to the London-based supermajor's North Sea production profile.
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Analysts say UK output growth could offset emissions associated with the production of imported LNG while supporting energy security.
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TotalEnergies and the Danish Underground Consortium complete a 7-year effort to redevelop the Tyra field, lowering emissions and extending field life.
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Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
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Updates about global exploration and production activities and developments.
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In today’s era of asset management, digital twins are changing risk management, optimizing operations, and benefitting the bottom line.